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      Full path: Home, Industries, Utilities & Renewables, Grid Capital Planning

      1. Home
      2. …
      3. Industries
      4. Utilities & Renewables
      5. Grid Capital Planning

      Industry

      Grid Capital Planning

      Grid Capital Planning

      As grid investments grow, so do stakeholder expectations. We help you assess funding trade-offs and develop an optimal grid strategy.

      Our Impact

      40%
      reduction in the duration of customer outages
      25%
      increase in results for the same CapEx
      10%
      reduction in maintenance expenses

      Grid capital planning is more challenging than ever: Significant load growth, expanding renewables penetration, increasingly frequent environmental events, and the need to enable the energy transition while meeting more stringent requirements for safety, reliability, and low cost are just some of the daunting factors to consider.  

      Traditional approaches, such as software-centric solutions or siloed plans based on asset or category, are no longer sufficient. And “take it or leave it” plans are unlikely to gain approval without extensive data analysis and the ability to clearly articulate the tradeoffs and rationale.

      Instead, utilities need a holistic, capital-efficient plan that meets the needs of customers and fits their overall strategy, one that rethinks the end-to-end planning process and addresses circuits, substations, and lines, not to mention increased regulatory scrutiny.

      Why Bain

      Our proprietary, battle-tested approach ensures seamless integration of your grid strategy into your investment plan. It fosters powerful synergy between your teams and data, optimizing grid investments across the asset lifecycle and enabling the development of new capabilities instead of industrializing old ones. And we help you get results fast: Just six months or less from the initial assessment of value at stake to the formulation of an investible annual plan.

      We’ll also help you set a new standard in executive decision-making, enabling you to link overall strategy to customer-centric outcomes and develop capital scenarios more quickly than ever.  We have successfully partnered with top investor-owned utilities to develop and secure regulatory approval for grid capital plans that significantly enhance the overall customer experience and which can be integrated into your existing work management system.

       

      Integrated Grid Planning Delivers Significant Results

      Integrated Grid Planning Delivers Significant Results

      All four companies achieved a 20%+ improvement in capital efficiency

      • Utility 1
      • Utility 2
      • Utility 3

      Our work focused on future grid strategy (2050+) and near-term distribution grid plan development. A $20 billion 10-year plan was approved. Other notable benefits:

      20%

      targeted reliability improvement

      40%

      of circuits readied for distributed energy resources (DER) and electrification

      We addressed customer-centric distribution grid plan development and execution support. A $5+ billion plan was approved for the next 12 years. Other notable benefits:

      40%

      reduction in customer minutes lost

      10%

       reduction in operations and maintenance costs

      We applied advanced analytics to optimize resilience as part of our work in helping the utility develop its distribution grid capital plan, a project that entailed $2+ billion per year in capex across four states. Other notable benefits:

      20%

      of customers saw reduced interruption frequency

      100%

      approval of requested capital  

      Our Client Results in Grid Capital Planning

      Energia e Risorse Naturali

      Reimagining Utility Capital Delivery for Unparalleled Scale and Speed

      We partnered with a leading US utility to undertake the largest capital program in its history, and one of the largest in the nation.

      A Closer Look

      Cutting Through the Chaos: Why Utilities Need Integrated Planning

      Grid investment planning has never been more important. Strategy, operating model, and advanced analytics are key.

      Our Grid Consulting Team

      Headshot of Christophe Guille

      Christophe Guille Partner Los Angeles

      Headshot of Martha Eggenberger

      Martha Eggenberger Partner Toronto

      Headshot of Scott Vitter

      Scott Vitter Associate Partner Chicago

      Headshot of Alec Brown

      Alec Brown Senior Manager Chicago

      Headshot of Whit McClung

      Whit McClung Partner Atlanta

      Headshot of Karen  Dawson

      Karen Dawson Associate Partner Boston

      Headshot of Edward Stone

      Edward Stone Partner London

      Headshot of Marcin Szczuka

      Marcin Szczuka Partner Warsaw

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